CREACT4MED will provide a total of at least €500,000 in sub-grants to both entrepreneurs and business support organisations (BSOs) in the Southern Neighbourhood countries.
Sub-grants to at least 8 BSOs will help to establish incubation services for CCI entrepreneurs, particularly women and young people, to support them through the high-risk early stages of development and allow them to build competitive businesses and relevant connections. Incubation programmes will encompass a variety of mentoring, matchmaking, access to finance, and intellectual property rights services.
Sub-grants to at least 24 start-ups or Micro, Small and Medium-Sized Enterprises (MSMEs) will help them to launch CCI businesses and market their goods, products and services. Young people and women are particularly encouraged to apply.